WisdomTree U.S. Corporate Bond Fund (BATS:QIG) Sees Significant Growth in Short Interest

WisdomTree U.S. Corporate Bond Fund (BATS:QIG) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 85 shares, an increase of 466.7% from the April 30th total of 15 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 160 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of QIG. Kestra Advisory Services LLC bought a new position in WisdomTree U.S. Corporate Bond Fund in the 4th quarter worth approximately $30,000. Wealth Watch Advisors INC bought a new position in WisdomTree U.S. Corporate Bond Fund in the 3rd quarter worth approximately $59,000. Private Advisor Group LLC boosted its holdings in WisdomTree U.S. Corporate Bond Fund by 3.7% in the 3rd quarter. Private Advisor Group LLC now owns 9,277 shares of the company’s stock worth $420,000 after buying an additional 330 shares during the period. Raymond James Financial Inc. boosted its holdings in WisdomTree U.S. Corporate Bond Fund by 9.1% in the 2nd quarter. Raymond James Financial Inc. now owns 11,212 shares of the company’s stock worth $501,000 after buying an additional 935 shares during the period. Finally, NewSquare Capital LLC boosted its holdings in WisdomTree U.S. Corporate Bond Fund by 4.9% in the 3rd quarter. NewSquare Capital LLC now owns 12,081 shares of the company’s stock worth $547,000 after buying an additional 563 shares during the period.

WisdomTree U.S. Corporate Bond Fund Stock Up 0.1%

QIG opened at $44.33 on Thursday. The company has a 50 day moving average of $44.45 and a 200 day moving average of $44.90. WisdomTree U.S. Corporate Bond Fund has a 12 month low of $43.75 and a 12 month high of $45.87.

About WisdomTree U.S. Corporate Bond Fund

The WisdomTree U.S. Corporate Bond Fund (QIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index composed of investment grade, US corporate bonds. Constituents are selected and weighted by fundamental company and bond risk characteristics. QIG was launched on Apr 27, 2016 and is issued by WisdomTree.